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NZ dollar retreats as Spanish optimism fades, Wall Street slides

NZ dollar retreats as Spanish optimism fades, Wall Street slides

NZ dollar retreats as Spanish optimism fades, Wall Street slides By Hannah Lynch June 12 (BusinessDesk) - The New Zealand dollar fell more than half a US cent as optimism over Spain's 100 billion euro lifeline faded after questions were raised about who is going to pay for the...

11 Jun 2012
Key more confident on Europe, unfazed by polls

Key more confident on Europe, unfazed by polls

By Pattrick Smellie June 11 (BusinessDesk) - Prime Minister John Key has returned from European "slightly more confident" the region will "muddle through" its current crisis successfully, and convinced New Zealand is doing most of what European governments would do if they coul...

11 Jun 2012
MARKET CLOSE: NZ shares edge up in subdued trading; Steel & Tube, Fletcher rise

MARKET CLOSE: NZ shares edge up in subdued trading; Steel & Tube, Fletcher rise

June 11 (BusinessDesk) - New Zealand shares rose in a session where an Australian holiday kept trading subdued. Steel & Tube led the advance of companies exposed to the building industry after Europe's bailout of Spain's banks stoked optimism global growth won't be derailed. Th...

11 Jun 2012